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A Regulatory History of New Zealand's Quota Management System: setting targets, defining and allocating quota

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  • In this paper we define the regulatory structure of the New Zealand Quota Management System (QMS) and document key changes in its operation over time. We document the relevant legislation that affected the quota market from the Fisheries Act 1983 forward. We describe how the QMS operates in New Zealand and how the regulations have evolved and changed to address specific issues as they come to light. We discuss the setting of aggregate targets and the definition of quota and summarise the process of allocating quota to fishers in New Zealand. This paper is part of a larger project that will also discuss market structure issues such as rules regulating quota trades, concentration of holdings, foreign ownership of quota, 'banking' provisions, and funding. The paper either directly describes the legislation or, for more detail, provides references to key resources. This will provide researchers with a reference document on the New Zealand fisheries regulatory structure as a basis for future empirical work. The version of the paper presented here is an abridged version. A full version of the working paper is available at:
  • Keywords: Fisheries Economics, Future Paths for Rights Based Fisheries Management, New Zealand, quota management system, fisheries legislation
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  • Straker, Gina, Suzi Kerr, Jo Hendy. 2002. A Regulatory History of New Zealand's Quota Management System: setting targets, defining and allocating quota. Peer Review: No. In: Proceedings of the Eleventh Biennial Conference of the International Institute of Fisheries Economics and Trade, August 19-22, 2002, Wellington, New Zealand: Fisheries in the Global Economy. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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